Shore Capital reaffirmed their buy rating on shares of Man Group (LON:EMG) in a research report sent to investors on Friday morning, Stock Target Advisor reports.

A number of other research analysts also recently weighed in on the company. UBS Group reiterated a neutral rating on shares of Man Group in a report on Friday, February 21st. Barclays downgraded Man Group to an equal weight rating and reduced their target price for the stock from GBX 180 ($2.37) to GBX 165 ($2.17) in a report on Monday, January 13th. Credit Suisse Group upped their target price on Man Group from GBX 170 ($2.24) to GBX 180 ($2.37) and gave the stock an outperform rating in a report on Friday, January 24th. JPMorgan Chase & Co. reduced their target price on Man Group from GBX 180 ($2.37) to GBX 173 ($2.28) and set a neutral rating on the stock in a report on Tuesday, January 7th. Finally, BNP Paribas upgraded Man Group to an outperform rating and upped their price target for the stock from GBX 160 ($2.10) to GBX 170 ($2.24) in a research note on Wednesday, February 19th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Man Group currently has an average rating of Hold and an average price target of GBX 181.11 ($2.38).

Shares of EMG stock traded up GBX 0.60 ($0.01) during midday trading on Friday, reaching GBX 146.60 ($1.93). 11,868,739 shares of the stock were exchanged, compared to its average volume of 9,940,000. Man Group has a 1 year low of GBX 128.35 ($1.69) and a 1 year high of GBX 177.10 ($2.33). The company’s 50 day moving average is GBX 154.14 and its two-hundred day moving average is GBX 157.04. The company has a current ratio of 1.80, a quick ratio of 1.67 and a debt-to-equity ratio of 28.83. The firm has a market cap of $2.22 billion and a PE ratio of 7.97.

The business also recently declared a dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 2nd will be paid a $0.05 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a dividend yield of 2.71%. Man Group’s payout ratio is currently 0.43%.

Man Group Company Profile

Man Group plc provides alternative investment management services worldwide. The company offers a range of liquid investment products and solutions, which include quantitative and discretionary, long only and long short, and single and multi-manager. It distributes its products and solutions directly to institutions; and to private investors through a network of intermediaries.

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Analyst Recommendations for Man Group (LON:EMG)

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